Hyderabad is set to become a global investment destination, according to State Civil Supplies and Irrigation Minister N Uttam Kumar Reddy. He made the announcement during the inauguration of the IGBC Green Property Show 2024 at Hitex. The goal is to position Hyderabad as a top city worldwide.
The minister emphasized that the current Congress government is focused on showcasing Hyderabad as a truly global city. He pointed out that much of the city’s existing infrastructure, such as the international airport, Outer Ring Road, and expressway, was developed by the Congress government between 2004 and 2014. Plans are in place to further enhance infrastructure in Hyderabad.
Chief Minister A Revanth Reddy has ambitious plans for developing the Musi Riverfront and expanding the Metro Rail network throughout the city. The Telangana government is committed to creating a business-friendly environment with a focus on supporting industries like Information Technology, construction, and real estate.
The government aims to boost investment and elevate Hyderabad and Telangana to a global standard. The goal is to drive momentum in the construction and real estate sectors. IT and Industries Minister D Sridhar Babu also shared plans to double IT exports from Hyderabad in the next four years and establish the city as a global hub for data warehouses.
At the event, IGBC national vice chairman C Shekar Reddy, CII IGBC deputy executive director M Anand, and IGBC Hyderabad Chapter co-chair Srinivas Murthy also shared their perspectives on the city’s development.
